Strategy Pauses Bitcoin Buys After 13 Weeks
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The post Strategy Pauses Bitcoin Buys After 13 Weeks appeared first on Coinpedia Fintech News
Strategy, the company formerly known as MicroStrategy, appears to have paused its weekly Bitcoin purchases after stacking BTC for 13 straight weeks. During that run, it accumulated about 90,831 BTC. Holdings now stand at 762,099 Bitcoin, roughly 3.6% of total supply. Executive chair Michael Saylor skipped his usual weekly buy signal on social media and instead promoted the company’s preferred stock offering. The pause has sparked debate among traders about future buying plans.
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